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The lossmaking oil rig builders have been whiplashed by years of oversupply, oil price volatility and a drop in new orders.

Nasdaq-listed tech shares, vulnerable to higher rates, fell on Monday and are tipped for another lossmaking session .

The EU competition watchdog said the lossmaking deals amounted to state aid for the airlines as they reduced their operating costs.

The unit has been lossmaking for years and Airbus argues that with a new owner it could also work for competitors or win customers from other industries, and thus better utilise its workforce.

Most are getting more than 50% of what they are owed, but for 37 lossmaking hotels they are paying no rent.